Case Law Details
Case Name : Relaxo Footwear Ltd. Vs Assessing Officer (ITAT Delhi)
Related Assessment Year : 2016-17
Courts :
All ITAT ITAT Delhi
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Relaxo Footwear Ltd. Vs Assessing Officer (ITAT Delhi)
The case of Relaxo Footwear Ltd. vs Assessing Officer revolves around an appeal against the order passed by the National e-Assessment Centre under section 143(3) r.w.s. 144C and 144C(13) of the Income-tax Act for Assessment Year 2016-17. The primary issue pertains to the addition made under section 80IC based on transfer pricing adjustments.
The appellant, Relaxo Footwear Ltd., filed its return of income for AY 2016-17, declaring a total income of Rs.160,16,70,610. The Assessing Officer (AO) initiated transfer pricing adjustments regarding...
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